North America & Europe Luxury Interior Fabric Market Accounted For USD 2.7 Billion By 2028
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With rising per capita disposable income and purchasing
power, many consumers are shifting towards premium furniture, which, in turn,
is helping lift the overall market. The rise in disposable income as a result
of economic growth has fueled the spending on premium furniture fabrics, which
is one of the major factors driving the demand for luxury interior fabrics. The
market is directly dependent on the demand for luxury interior fabric that is
used to cover furniture pieces. The quantity of fabric required depends on the
type of furniture.
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